Technology has disrupted many aspects of traditional life. When you are sitting at dinner and seeing a couple going out on a “first date”, consider that this may be their first in-person date and that they have been interacting (dating) online for months. According to global data and business intelligence platform, Statista, the number of online dating users in South Africa is expected to reach 6.7 million users by 2028. The report adds that the current user penetration rate of dating websites is believed to be 8.0% and may increase to 10.4% by 2028.
According to the latest data sets from the Outlier, South Africans were forced to endure the highest degree of loadshedding on record last year. In 2022, citizens experienced 205/365 days of loadshedding – mostly between stages 1 and 4. While glaring, this pales in comparison to 2023, with daily blackouts across 335 days, comprising mostly stage 3 to 6 levels of loadshedding.
The piece focuses on the key takeaways from NRF 24: Retail’s Big Show, which took place earlier this month in New York, USA. In the article, Peter examines the main themes covered at the event and how they could impact the South African retail sector. Some of the key points he covers include:
Expected improvements in the South African retail environment
The increasing importance of AI and automation for retailers
The need for South African retailers to adopt omnichannel strategies
The role of technology in reducing the risk of product returns
It is without a doubt that smart cities extend beyond infrastructure and urban planning. For a smart city to work, it requires smart citizens and technology plays a pivotal role in enabling civic engagement. If a city wants to empower those who live in it, it requires initiatives that improve service delivery and technology is the solution to making e-government platforms a reality.
Armata, a leading cybersecurity specialist company, recently hosted a webinar to explain the advantages of outsourcing security operations for businesses. The webinar was led by the industry heavyweight, Caesar Tonkin. Armata provides a variety of services in the industry, including cybersecurity consulting, managed services, and advanced cyber defence services.
Consumers will increasingly be demanding choices when it comes to payment options into 2024, with security being high on the agenda and offerings that will be keenly watched as potential growth engines. Rory Bosman, Executive for Sales & Marketing at Ecentric Payment Systems adds that shoppers also want value from retailers, physical or online, when it comes to deciding where to spend their hard-earned money, especially in this difficult socio-economic environment.
While South African entrepreneurs continue to battle less-than-ideal operating conditions for their businesses in our country, one solution remains prevalent: the integration of locally produced, technical solutions, with the power to provide our hard-working entrepreneurs with monthly cost savings, improved operational efficiencies and an increase in opportunities for growth.
This comprehensive report aims to guide businesses by evaluating their innovation strategies and shedding light on the dynamic landscape of digital transformation in South Africa. This report stands as a beacon for businesses seeking to navigate the evolving realm of digital transformation in South Africa.
By offering personalised experiences and innovative solutions, fintechs can navigate the evolving tech and business landscape, transforming the way money is stored, used, and moved in South Africa. Amid challenging economic headwinds, South African fintechs have the potential to excel by prioritising customer-centric approaches and strategic partnerships, while embracing digitisation and regulatory changes. Andy Jury, CEO of Mukuru shares insights into the fintech trends for 2024, while looking at where we are now.
In recent years, the focus on employee experience in the workplace has surged. By 2022, recognition of its significance peaked. In 2023, leading companies are transforming the role of experience into real action – and creating workspaces that employees enjoy says Tango Matoti, Head of Workplace Strategy and Design at Tétris Design and Build South Africa. “How businesses […]